BROADWAY TRAVEL SERVICE(WIMBLEDON)LIMITED

• ⚠

  Material uncertainty over going concern

  As explained in note 2.3, the travel industry was significantly impacted by the COVID-19 pandemic and the post-pandemic recovery period has been hindered by geopolitical wars and tensions, along with rising costs which have impacted both the Company's cost base as well as discretionary income available to consumers. These events caused many consumers to cancel, amend or defer their travel arrangements, negatively impacting the Company's trade, the Company's current assets, as well as its immediate and projected cash flows. ... In response to the uncertainty created during the COVID-19 pandemic, the Company secured an overdraft facility of £1.7million through the Coronavirus Business Interuption Loan Scheme ("CBILS"), which became due for repayment on 5 August 2024, the details of which are disclosed in note 18 to the financial statements. This overdraft facility has been extended to November 2026, at a reduced limit of £1.45million. ... The ATOL is key to the Company's ability to continue trading and is due for renewal on 30 September 2025. As at the date of signing these financial statements, renewal terms have been agreed in writing, but the Company's ATOL has not yet been renewed.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

White Hart Associates (London) Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As explained in note 2.3, the travel industry was significantly impacted by the COVID-19 pandemic and the post-pandemic recovery period has been hindered by geopolitical wars and tensions, along with rising costs which have impacted both the Company's cost base as well as discretionary income available to consumers. These events caused many consumers to cancel, amend or defer their travel arrangements, negatively impacting the Company's trade, the Company's current assets, as well as its immediate and projected cash flows. ... In response to the uncertainty created during the COVID-19 pandemic, the Company secured an overdraft facility of £1.7million through the Coronavirus Business Interuption Loan Scheme ("CBILS"), which became due for repayment on 5 August 2024, the details of which are disclosed in note 18 to the financial statements. This overdraft facility has been extended to November 2026, at a reduced limit of £1.45million. ... The ATOL is key to the Company's ability to continue trading and is due for renewal on 30 September 2025. As at the date of signing these financial statements, renewal terms have been agreed in writing, but the Company's ATOL has not yet been renewed.”

Group structure

1. BROADWAY TRAVEL SERVICE(WIMBLEDON)LIMITED · parent
   1. Broadway Transport Limited 100% · Vertically integrated transport company

Significant events

• “Following the year-end, the Company received further investment of £400,000 on 23 May 2025, with plans for additional investment to be secured in coming months.”
• “There have been no other significant events affecting the Group since the year end, except for the continued effects of geopolitical wars and tensions, which has had a significant impact upon the national economy, as described in note 2.3.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -6.1%

  £5,938,347 → £5,575,473

• Cash

  -14.2%

  £9,154,997 → £7,855,183

• Net assets

  +152.7%

  £810,093 → £2,047,367

• Employees

  -3.1%

  65 → 63

• Operating profit

  +40.5%

  -£738,282 → -£439,364

• Profit before tax

  +46.1%

  -£662,877 → -£357,128

• Wages

  -13.8%

  £1,908,562 → £1,644,925

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers